New York
Convene, For Five Coffee Brew Up Chicago Flagship
New York City-based For Five Coffee Roasters and Convene have partnered on a downtown flagship location at Sterling Bay’s 311… Read more
Clinton Names Property Management Veteran as President
Ryan O’Connor has joined Clinton Management, the property management arm of The Douglaston Companies, as president. He’s now responsible for… Read more
NYC Land Sales Take a Pause in Q3; Rebound Expected
Trades of finished buildings weren’t the only aspect of New York City’s investment sales market affected by the state’s new… Read more
Uptown Passive House Sale Closes in “Challenging” MF Market
Marcus & Millichap arranged the sale of Perch Harlem at 542 W. 153rd Street in Northern Manhattan’s Hamilton Heights neighborhood.… Read more
Meridian Secures $365M Refi for 1,600-Unit Decron California MF Portfolio
New York City-based Meridian Capital Group arranged $365 million to refinance a portfolio of seven multifamily properties in California on… Read more
RFR, SIGNA Refresh Iconic Chrysler Building
Having acquired the landmark Chrysler Building earlier this year, RFR and SIGNA Group are in the process of implementing their plans… Read more
First Gates Open at LaGuardia’s New Terminal C
The first concourse and gates at Delta Air Lines’ new Terminal C have opened as part of the ongoing $8-billion… Read more
Icon Realty’s Beckford Condos Launch Sales
Icon Realty Management and Douglas Elliman Development Marketing launched sales at Beckford House & Tower, two complementary residential condominium buildings… Read more
Merger Means Expansion for 100 Wall St. Tenant
Colliers International brokered a 19,650-square-foot lease extension and expansion for Siebert Williams Shank & Co. at Cornerstone Real Estate Advisers’ 100 Wall… Read more
Trammell Crow’s Lee Promoted to Head of Capital Markets
New York City-based Tommy Lee has been promoted to head of capital markets at Trammell Crow Company (TCC). Lee, who… Read more
Acadia Adds to Armitage Avenue Portfolio
Already the biggest retail landlord along the North Side’s Armitage Avenue, which draws retailers with e-commerce roots, Acadia Realty Trust… Read more
Housing Construction Lags Job Growth Across NYC Region
Housing production has lagged job growth in the New York tri-state region, especially in New York City, the Department of… Read more
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
Report: U.S. Flex Office Market is World’s Largest
Despite being less than 1% of total office space across the entire country, the U.S. market for flexible space is… Read more
ACRES Provides $60M on LI North Shore Condo Build
ACRES Capital Corp. originated a $59.6-million loan to complete the construction of Racanelli Construction & Development’s Residences at Glen Harbor, a… Read more
Partnership for NYC Extends Downtown Tenancy to 2030
The Rudin Family and partner Allianz Real Estate of America signed a 10-year lease renewal for The Partnership for New York City… Read more
Rent Regs Weigh Heavily on NYC Apartment Deals in Q3
The New York City multifamily market experienced across-the-board weakness in the third quarter, as investors took time out to weigh… Read more
BMW Renews 227K-SF Berth on Far West Side
BMW of Manhattan signed an approximately 227,000-square-foot, 10-year office and retail lease renewal at SL Green Realty Corporation’s 555 W.… Read more
J.P. Morgan Asset Management Tops $1B with Special Situations Fund
J.P. Morgan Asset Management closed its Lynstone Special Situations Fund with $1.06 billion in capital. The fund, which will invest in stressed,… Read more